They authors have analysed reports for 2013 and 2014 to see three percent of reginal legislators had not filed income declarations

State Duma of Russian Federation

MOSCOW, October 20. /TASS/. A committee of the State Duma recommends to legislators to adopt in the second (main) reading a bill, under which deputies and senators who do not file income declarations in time are losing their mandates.

The lower house of the Russian parliament will have the second reading of the bill on Wednesday.

The bill’s initiative comes from deputies of the United Russia faction.

"Responsibility of the kind already exists for using foreign banks outside Russia and for use of foreign financial instruments," the bill’s authors say.

They authors have analysed reports for 2013 and 2014 to see three percent of reginal legislators had not filed income declarations.

"A situation of the kind is inacceptable," the authors said.

The current regulations say deputies are to file before April 1 declarations on incomes and expenses of themselves, their spouses and children under legal age, but the regulations do not offer any responsibility for breaching the terms.

A bill on new anti-corruption measures

The lower house of the Russian parliament - the State Duma - will also discuss a bill on new anti-corruption measures, including a ban for use of trust management of investments abroad, which will be effective for high-ranking officials, for legislators, security officials and so forth.

"The current legislation does not ban use of trust management, thus making it possible to avoid the existing limitations," the bill’s initiators say.

The bill reads the officials, who have to comply with the law forbidding them to have bank accounts abroad will have "within three months from taking a respective position to stop a trust management, which means investing in foreign financial instruments."